Smit Agency - 9 Jeevan Saral policies misleading sold by Smit Agency Agent Code 01760902
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Complaint by: Sunil Shingwani on February 21, 2013, 9:33 am in Insurance All

I have ben issued 10 policies LIC Jeevan Saral by the LIC Agent Mr. Vivek Manchekar.

1. ********0 premium amount Rs.10000/- per month - (as per my consent)

2. ********0 to 48 (9 policies issued as per his own discretion), premium amount Rs.30000/- per month.

The above policies listed in point 2 have been issued at the discretion of the agent, also the policies were withheld for 3 months so that I may skip the freelook period.

I was told that post 3 years I can avail of my entire investment without any deductions, later I was told that post 5 years I can withdraw my corpus without any losses. Finally I am told that only post payment of premium of 10 years I can get my capital intact.

I have been cheated & seek help.

I really look forward to help from the government agency.


Sunil Shingwani

Complainant's Goal: Action against the Agent for cheating & refund of my capital
Complainant's Target: Smit Agency
Complaint Location: IndiaMaharashtra
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